VS Division
Scope
Date
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Batteries
Hanwha to boost battery production equipment business
Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...
Dec 04, 2023 (Gmt+09:00)
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Electronics
ITC launches probe into Samsung’s suit vs China’s BOE over OLED
The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....
Dec 01, 2023 (Gmt+09:00)
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Executive reshuffles
Samsung sets up future business planning unit, keeps co-CEO system
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...
Nov 27, 2023 (Gmt+09:00)
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Electronics
LG Elec separates new biz divisions into in-house entities
LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...
Nov 20, 2023 (Gmt+09:00)
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The KED View
WeWork vs Starbucks as workspace in South Korea
In 2019, WeWork’s business model underwent a reality check.Its application for an initial public offering the same year was met with investor ...
Nov 14, 2023 (Gmt+09:00)
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Foreign exchange
Won strengthens past 1,300 mark vs dollar on short-sale ban
The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...
Nov 06, 2023 (Gmt+09:00)
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Foreign exchange
Yen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...
Nov 03, 2023 (Gmt+09:00)
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Automobiles
Korean cars' gap vs. Japanese to narrow in UAE under CEPA
South Korean carmakers are expected to rapidly catch up to their Japanese rivals in the United Arab Emirates (UAE) after their home country and the ...
Oct 16, 2023 (Gmt+09:00)
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Earnings
LG Elec beats earnings estimates on healthy automotive biz
LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the strong automotive busin...
Oct 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Chemicals to sell pharmaceutical unit to Glenwood PE
SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...
Sep 21, 2023 (Gmt+09:00)
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Electronics
B2B, home appliance giant LG's new money spinner
A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...
Sep 21, 2023 (Gmt+09:00)
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Electronics
Samsung’s connectivity vs. LG’s sustainability at IFA 2023
BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connec...
Aug 31, 2023 (Gmt+09:00)
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Foreign exchange
Koreans' Japanese yen savings hit record high in July
South Korean investors continued gobbling up the Japanese currency, which has remained weak against the Korean currency after retreating from a one-...
Aug 25, 2023 (Gmt+09:00)
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Corporate strategy
Samsung Electronics opens future tech office in DX Division
Samsung Electronics Co. has conducted an internal reshuffle by opening a future technologies office to discover “non-existent” technolog...
Aug 02, 2023 (Gmt+09:00)
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Electronics
Samsung pins high hopes on new Galaxy Z foldables
Foldable phones will likely account for one-third of Samsung Electronics Co.'s domestic sales of its flagship Galaxy smartphone series this year, le...
Jul 28, 2023 (Gmt+09:00)
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Future mobility
Samsung to participate in Germany's IAA Mobility in September
Samsung Electronics Co.'s Device Solutions (DS) division and Samsung Display Co. will participate in the future mobility show "IAA Mobility," which ...
Jul 14, 2023 (Gmt+09:00)
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Automobiles
Kia scouts ex-Stellantis executive Pierre-Martin Bos as PBV director
Kia Corp. has brought a former Stellantis N.V.’s commercial vehicle specialist on board for its purpose-built vehicle (PBV) business in Europe...
Jul 11, 2023 (Gmt+09:00)
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Corporate strategy
CJ CheilJedang simplifies organizational structure in global push
CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...
Jul 10, 2023 (Gmt+09:00)
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Automobiles
Hyundai Transys wins Red Dot Design Award
South Korean auto powertrain and seat maker Hyundai Transys announced on Monday that it has won the Winner prize at the "2023 Red Dot Design Award."...
Jul 10, 2023 (Gmt+09:00)
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Foreign exchange
Yen breaches key level vs Korean won to hit 8-year low
The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...
Jun 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Content platforms
A Goliath vs. Davids battle in the S.Korean OTT market
Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...
May 22, 2023 (Gmt+09:00)
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The KED View
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....
May 16, 2023 (Gmt+09:00)
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Earnings
SK Telecom to further develop AI, its growth driver in Q1
SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...
May 10, 2023 (Gmt+09:00)
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Earnings
LG Elec’s home appliance unit hits record-high profit in Q1
The home appliance division of LG Electronics Inc. posted its largest ever quarterly profit in the January-March period, exceeding the 1 trillion wo...
Apr 27, 2023 (Gmt+09:00)
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Automobiles
Another war in Russia: Hyundai, Kia versus Chinese carmakers
In Russia, which is in a state of war against Ukraine, there’s another war going on. This time, the war is between South Korea’s two lar...
Apr 21, 2023 (Gmt+09:00)
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Markets
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...
Apr 07, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie to buy Lotte’s S.Korean transportation card unit
Macquarie Asset Management, part of Australian investment bank Macquarie Group, is set to buy Loca Mobility Corp., Lotte Card Co.’s subsidiary...
Apr 05, 2023 (Gmt+09:00)
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Robotics
Samsung Elec boosts robotics as key growth engine: Vice chairman
Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...
Mar 21, 2023 (Gmt+09:00)
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Corporate restructuring
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Mar 21, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer